← Crescent Energy Co
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current assets: | |||||||
| Cash and Cash Equivalents, at Carrying Value | $36.9m | $128.6m | $0 | $3.0m | $132.8m | $10.2m | |
| Prepaid Expense and Other Assets, Current | $1.9m | $8.6m | $27.5m | — | — | — | |
| Cash and cash equivalents | $36.9m | $128.6m | $0 | $3.0m | $132.8m | $10.2m | |
| Accounts receivable, net | $111.8m | $321.9m | $457.1m | $506.7m | $542.3m | $742.8m | |
| Prepaid expenses | — | — | $13.2m | $40.4m | $42.6m | $46.3m | |
| Other current assets | — | — | $28.9m | $11.2m | $11.6m | $13.3m | |
| Assets, Current | $220.4m | $479.6m | $516.7m | $615.7m | $788.1m | $1.9b | |
| Total current assets | $220.4m | $479.6m | $516.7m | $615.7m | $788.1m | $1.9b | |
| Property, plant and equipment: | |||||||
| Goodwill | $0 | $76.6m | $0 | $0 | — | — | |
| Operating Lease, Right-of-Use Asset | — | $2.3m | — | $24.2m | $66.6m | $81.3m | |
| Other Assets, Noncurrent | $22.4m | $30.2m | $50.3m | $57.7m | $207.0m | $151.5m | |
| Other assets | $22.4m | $30.2m | $50.3m | $57.7m | $207.0m | $151.5m | |
| Additional Financial Items | |||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $111.8m | $321.9m | $457.1m | — | — | — | |
| Restricted cash | — | — | — | $261k | $5.5m | $725.7m | |
| Derivative assets – current | $30.9m | $0 | $14.9m | $54.3m | $53.3m | $322.8m | |
| Proved | $4.9b | $6.0b | $7.1b | $8.6b | $11.5b | $13.3b | |
| Unproved | $288.5m | $308.7m | $314.3m | $283.3m | $374.3m | $413.4m | |
| Less: accumulated depreciation, depletion, amortization and impairment | ($1.7b) | ($1.9b) | ($2.2b) | ($2.9b) | ($3.9b) | ($3.6b) | |
| Derivative assets – noncurrent | $22.4m | $579k | $0 | $8.1m | $6.7m | $2.8m | |
| Investments in equity affiliates | $0 | $15.4m | $15.0m | $6.1m | $13.8m | $8.1m | |
| Deferred tax asset | — | — | — | — | $0 | $143.7m | |
| Derivative liabilities – current | $26.4m | $253.5m | $313.0m | $42.1m | $2.7m | $0 | |
| Financing lease obligations – current | $0 | $1.6m | $3.3m | $4.2m | $3.6m | $4.9m | |
| Other current liabilities | $4.6m | $14.4m | $25.1m | $37.8m | $62.3m | $86.6m | |
| Derivative liabilities – noncurrent | $24.0m | $133.5m | $63.7m | $0 | $37.7m | $13.4m | |
| Asset retirement obligations | $106.4m | $258.1m | $346.9m | $418.3m | $448.9m | $383.1m | |
| Financing lease obligations – noncurrent | $0 | $3.5m | $7.4m | $7.1m | $3.5m | $3.2m | |
| Other liabilities | $12.1m | $13.7m | $14.2m | $35.0m | $55.5m | $82.8m | |
| Total equity | $2.9b | $694.6m | $862.3m | $1.7b | $3.1b | $5.2b | |
| Assets | $3.9b | $5.2b | $6.0b | $6.8b | $9.2b | $12.4b | |
| TOTAL ASSETS | $3.9b | $5.2b | $6.0b | $6.8b | $9.2b | $12.4b | |
| LIABILITIES AND EQUITY | |||||||
| Current liabilities: | |||||||
| Operating Lease, Liability, Current | — | $1.3m | — | — | — | — | |
| Accounts Payable, Current | $15.0m | $87.3m | $104.3m | $125.0m | — | — | |
| Operating Lease, Liability, Noncurrent | — | $1.0m | — | — | — | — | |
| Long-term Debt, Excluding Current Maturities | $751.1m | $1.0b | $1.2b | $1.7b | $3.0b | $5.5b | |
| Accounts payable and accrued liabilities | $80.7m | $337.9m | $524.7m | $666.1m | $758.8m | $1.2b | |
| Liabilities, Current | $120.7m | $616.1m | $893.7m | $750.3m | $827.4m | $1.3b | |
| Total current liabilities | $120.7m | $616.1m | $893.7m | $750.3m | $827.4m | $1.3b | |
| Deferred Income Tax Liabilities, Net | $0 | $82.5m | $147.3m | $262.6m | $370.3m | $11.7m | |
| Other Liabilities, Noncurrent | $12.1m | $13.7m | $14.2m | $35.0m | $55.5m | $82.8m | |
| Deferred tax liability | $0 | $82.5m | $147.3m | $262.6m | $370.3m | $11.7m | |
| Deferred Tax Liabilities, Net | $0 | $82.5m | $147.3m | $262.6m | $370.3m | — | |
| Liabilities | $1.0b | $2.1b | $2.7b | $3.2b | $4.8b | $7.3b | |
| Total liabilities | $1.0b | $2.1b | $2.7b | $3.2b | $4.8b | $7.3b | |
| Redeemable noncontrolling interests | $0 | $2.3b | $2.4b | $1.9b | $1.2b | $0 | |
| Stockholders’ equity: | |||||||
| Preferred Stock, Value, Issued | — | $0 | $0 | $0 | $0 | $0 | |
| Additional Paid in Capital | — | $720.0m | $804.6m | $1.6b | $3.2b | $5.2b | |
| Retained Earnings (Accumulated Deficit) | — | ($19.4m) | $62.0m | $95.4m | ($64.8m) | $0 | |
| Treasury Stock, Common, Value | — | — | $18.4m | $17.1m | $32.4m | $71.1m | |
| Preferred stock, $0.0001 par value; 500,000,000 shares authorized and 1,000 Series I preferred shares issued and outstanding as of December 31, 2025 and 2024 | — | 0 | 0 | 0 | 0 | 0 | |
| Treasury stock, at cost; 7,079,021 and 2,434,484 shares of Class A common stock as of December 31, 2025 and 2024, respectively | — | ($18.4m) | ($18.4m) | ($17.1m) | ($32.4m) | ($71.1m) | |
| Stockholders' Equity Attributable to Noncontrolling Interest | — | $12.4m | $14.2m | $29.7m | $9.3m | $7.5m | |
| Noncontrolling interests | $176.3m | $12.4m | $14.2m | $29.7m | $9.3m | $7.5m | |
| Liabilities and Equity | $3.9b | $5.2b | $6.0b | $6.8b | $9.2b | $12.4b | |
| TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY | $3.9b | $5.2b | $6.0b | $6.8b | $9.2b | $12.4b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.